Annex A1 Information on Bto Flats in August 2018
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ANNEX A1 INFORMATION ON BTO FLATS IN AUGUST 2018 EXERCISE MELODY SPRING @ YISHUN and YISHUN GLEN There are two BTO projects in Yishun Town offered for sale. Melody Spring @ Yishun is bounded by Yishun Avenue 8 and Yishun Street 42, while Yishun Glen is bounded by Yishun Ring Road, Yishun Street 31 and Yishun Avenue 6. The details are set out in Table A (1)(a). Table A(1)(a): Melody Spring @ Yishun and Yishun Glen No. of Units Project 2-room 3-room 4-room 5-room Total Facilities Flexi Melody Spring @ 282 252 36 570 Elderly Facility Yishun Roof garden above the Elderly Facility Yishun Glen 727 168 490 308 1,693 Childcare centre Residents’ Committee (RC) Centre Accessible roof garden above 8- storey carpark Total 1,009 168 742 344 2,263 2 Located within these developments, the publicly accessible roof gardens provide visual green relief and serve as alternative outdoor spaces for community gathering and bonding. 3 Residents enjoy easy access to Yishun Mall, an HDB Neighbourhood Centre, which offers a variety of food choices, goods and services. Alternatively, they may visit the Yishun Park Hawker Centre or Junction Nine for more dining and shopping choices. For recreation, Yishun Park and Yishun Swimming Complex as well as the Nee Soon East Community Club are nearby. Medical services are available at Yishun Polyclinic, Yishun Community Hospital and Khoo Teck Puat Hospital. 4 The developments are well-connected to the Yishun Town Centre by a network of bus services, where more shopping and dining options are available at Northpoint City and the Town Centre. 5 To support an eco-friendly lifestyle, the developments are designed with several eco-friendly features such as eco-pedestals in bathrooms to encourage water conservation, motion sensor-controlled energy efficient lighting at staircases, and regenerative lifts to reduce energy consumption, etc. In addition, Melody Spring @ Yishun will also have a Pneumatic Waste Conveyance System to provide a cleaner and greener living environment for residents. To boost construction productivity, Yishun Glen will be constructed using the Prefabricated Prefinished Volumetric Construction (PPVC) method. 1 2 PUNGGOL POINT COVE and PUNGGOL POINT WOODS 6 Punggol Point Cove and Punggol Point Woods are bounded by New Punggol Road and Punggol Way. The details are shown in Table A(1)(b). Table A(1)(b): Punggol Point Cove and Punggol Point Woods No. of Units Project 2-room Facilities 3-room 4-room 5-room 3Gen Total Flexi Punggol Point 504 92 312 234 30 1,172 Childcare centre Cove RC Centre Education Centre Accessible roof gardens and sky bridges Punggol Point 387 98 333 122 940 Supermarket Woods Eating house Shops Childcare centre Accessible roof garden above car park and at three residential blocks Total 891 190 645 356 30 2,112 7 Within the developments, the accessible roof gardens and sky bridges provide residents with open spaces for relaxation, family bonding and social interaction. These gardens are also open to the public. 8 Residents of both projects will be served by the Punggol Point LRT station and future Punggol Coast MRT station (under construction), which connect the residents to the transportation networks such as Punggol MRT/ LRT station and bus interchange located at the Town Centre. Shopping, dining and other facilities are available at the nearby Waterway Point, Punggol Plaza and Oasis Terraces. Punggol Town Square, with its myriad of community activities, is also a great place for residents to get together over activities. 9 With easy access to My Waterway@Punggol, Punggol Park Connector, Punggol Waterway Park, Punggol Point Park and Coney Island Park, residents have plenty of recreational options. They can also participate in the many activities organized by the Punggol 21 Community Club. 10 Punggol Point Cove and Punggol Point Woods are designed with numerous eco- friendly features such as eco-pedestals in bathrooms to encourage water conservation, motion sensor-controlled energy efficient lighting at staircases, regenerative lifts to reduce energy consumption, ABC Waters design features to clean rainwater and beautify the landscape. The developments also provide SMART technologies to bring about a more liveable, efficient, sustainable and safe environment such as SMART Pneumatic Waste Conveyance System to optimise the deployment of resources for cleaner and fuss-free waste disposal. 3 4 INFORMATION ON BTO FLATS IN AUGUST 2018 BTO EXERCISE Table A(1)(c): August 2018 BTO Flat Supply and Pricing Details Estimated Estimated Indicative Flat Internal No. of Contract # Type Floor Area * Floor Area ^ Units Price Range (sqm) (sqm) (Excluding Grants) Non-Mature Towns 2-room 38 36 232 $103,000 - $130,000 Flexi + 47 45 659 $125,000 - $158,000 Punggol Point Cove 3-room 68 - 72 65 - 69 190 $188,000 - $242,000 Punggol Point Woods 4-room 93 - 96 90 - 93 645 $286,000 - $362,000 5-room 113 110 356 $393,000 - $489,000 3Gen 120 115 30 $411,000 - $469,000 2-room 38 - 40 36 - 38 251 $75,000 - $111,000 Yishun Glen ~ Flexi + 47 45 758 $93,000 - $132,000 3-room 71 68 168 $178,000 - $216,000 Melody Spring @ Yishun 4-room 93 - 94 90 - 92 742 $248,000 - $317,000 5-room 113 110 344 $334,000 - $405,000 Note: 1) * Refers to the estimated area of the whole apartment, comprising the internal floor area and the air- conditioner ledge. 2) ^ Refers to the estimated area of the apartment computed based on the centre line of the apartment wall. 3) # Actual prices may vary based on the actual attributes of the flats at the time of selection. 4) ~ Prices include the costs of floor finishes, internal doors and sanitary fittings. 5) + Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. COMPARISON OF NEW FLATS AND RESALE COMPARABLES IN THE VICINITY Table A(1)(d): Prices of Punggol Point Cove, Punggol Point Woods and Resale Comparables in the Vicinity Punggol Point Cove Transacted Prices Flat Type Punggol Point Woods of Resale Flats (Internal Floor Area) $103,000 - $158,000 $250,000 - $268,000 2-room Flexi* (36 sqm - 45 sqm) (46 sqm - 47 sqm) $188,000 - $242,000 $300,000 - $350,000 3-room (65 sqm - 69 sqm) (69 sqm) $286,000 - $362,000 $398,000 - $460,000 4-room (90 sqm - 93 sqm) (93 sqm - 95 sqm) $393,000 - $489,000 $549,000 - $628,000 5-room (110 sqm) (113 sqm - 120 sqm) Note: a) The 2-room to 5-room resale comparables are about 6 to 7 years old. The differences in attributes between the resale comparables and the BTO flats should be taken into account when making a comparison. b) * Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. 5 Table A(1)(e): Prices of Yishun Glen, Melody Spring @ Yishun and Resale Comparables in the Vicinity Yishun Glen Transacted Prices Flat Type Melody Spring @ Yishun of Resale Flats (Internal Floor Area) $75,000 - $132,000 2-room Flexi* - (36 sqm - 45 sqm) $178,000 - $216,000 3-room - (68 sqm) $248,000 - $317,000 $303,000 - $445,000 4-room (90 sqm - 92 sqm) (92 sqm - 97 sqm) $334,000 - $405,000 $390,000 - $483,000 5-room (110 sqm) (111 sqm - 123 sqm) Note: a) There are no comparable 2-room and 3-room resale flats in the vicinity. The 4-room and 5-room resale comparables are about 7 to 31 years old. The differences in attributes between the resale comparables and the BTO flats should be taken into account when making a comparison. b) * Singles who apply for a 2-room Flexi flat under the Single Singapore Citizen Scheme will pay $15,000 more than married couples. OPTIONAL COMPONENT SCHEME (OCS) a) 2-room Flexi Flats 11 The 2-room Flexi flats will be available in two sizes, 36 sqm and 45 sqm for Melody Spring @ Yishun, Punggol Point Cove and Punggol Point Woods while for Yishun Glen, the sizes are 38 sqm and 45 sqm respectively. Buyers of the 2-room Flexi flats at Melody Spring @ Yishun, Punggol Point Cove and Punggol Point Woods will have the option of flooring (Package 1) and sanitary fittings (Package 2) under the OCS. For Yishun Glen, which will be built using the Prefabricated Prefinished Volumetric Construction (PPVC) method, the 2-room Flexi flats will come with floor finishes, internal doors and sanitary fittings. Hence, OCS for Package 1 and 2 is not applicable to Yishun Glen. 12 Elderly buyers of 2-room Flexi flats on short leases for the August 2018 BTO projects, who wish to have a flat in a move-in condition can choose an additional Package 3, see Table A(2) for details. The cost of the optional components will be added to the selling price of the flat. Grab bars will be automatically provided for short-lease 2- room Flexi flats. Table A(2): OCS for 2-room Flexi Flats for Aug 2018 BTO Projects Short Lease 99-Year Lease OCS Package (15 to 45 Years) 36 sqm 45 sqm 36 sqm 45 sqm Package 1 Flooring for $2,340 $2,230 $2,340 $2,230 Living/Dining and (Punggol Point (Punggol Point (Punggol Point (Punggol Point Bedrooms# Cove) Cove, Punggol Cove) Cove, Punggol Point Woods and Point Woods and $2,350 Melody Spring @ $2,350 Melody Spring @ (Melody Spring @ Yishun) (Melody Spring Yishun) Yishun) @ Yishun) 6 Short Lease 99-Year Lease OCS Package (15 to 45 Years) 36 sqm 45 sqm 36 sqm 45 sqm $2,440 $2,440 (Punggol Point (Punggol Point Woods) Woods) Package 2 Sanitary fittings, i.e.